The Browse LNG project will be the largest LNG export facility in Western Australia’s north-west coast.
The total value of the project is around $20bn and will be the largest project awarded in Australia.
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The facility, which will be located 425km north-west of Broome, will help in the distribution of gas from three gas fields – Torosa (discovered 1971), Brecknock (discovered 1979) and Calliance fields (discovered 2000), comprising the Browse gas fields of the Browse Basin (water depths of 35m to 700m). These fields were estimated to have reserves of 13.3 trillion cubic feet of dry gas and 360 million barrels of condensate as of 31 December 2009, with a field life of 40 years.
The Browse LNG project comprises the East and West Browse joint ventures operated by Woodside Energy. Although planning has been underway since 2006, the final decision about where to build the 10mtpa LNG facility was made in February 2010. The James Price Point, 60km north of Broome in Western Australia, was selected as the project location.
The facility is expected to be online 2013–15. In February 2010, the project entered its design phase. The contract for the design phase was awarded to Bechtel Oil, Gas and Chemical, Bechtel Australia and Kellogg Brown & Root. During this phase the major design parameters will be determined, which will allow the optimal development of the gas fields offshore and facilities onshore at the Browse LNG Precinct. The design phase will be followed by the project’s front end engineering and design in 2011 and the final investment decision will be made by mid-2012.
The shareholders in the Browse LNG project include Woodside with 50%, BHP Billiton, BP, Chevron and Shell.